What you Need to Know About Pave Personal Loans

Are you in need of a personal loan? Then pave loans is your best solution. They offer personal loans to all their customers. Pave loan is a company based in New York, USA. It is one company that gives you an opportunity to get a personal loan. Therefore, if you need a personal loan for your daily needs, you can just check out pave personal loans.

Qualifications of Pave Loans

You might wonder what your reasons will make you qualify for a personal loan with pave. I know you have challenges at this moment. And what might be the best option for you is to get a loan from a company. But what are the things that will make you qualify for a loan with pave loans?

Here are some of the qualifications you need before applying for a loan with pave loans:

  • Medical expenditures
  • Education
  • Commencing a business
  • Debt or credit card repayment
  • Mortgage

The following are just some of the personal reasons you can easily get a loan with pave.

Requirements Before Applying for Loan with Pave

Every loan entity has some requirements that you need to surpass before they give you a loan. This is similar to pave loans. You need to surpass the following requirements in order to get a loan with pave. They include:

  • Must be 18 years of age
  • Income statement
  • Driver’s license
  • Proof of stay, for example, Green Card
  • A credit score of above 660 to 850
  • A United States Citizen

The above is what you need to have before applying for a loan from pave.

How Long Does It Take When Applying for a Loan with Pave?

Don’t you worry if you have surpassed all the requirements you can go ahead to apply for a loan? With pave loans it takes at maximum one hour and the cash will be transferred within a week.

In which States is Pave Available?

Pave loan is only available to US citizens. However, it is not available in all states. You can get pave personal loans in thirty-seven states in the US expect the following:

  • New Mexico
  • Nevada
  • Nebraska
  • Oregon
  • Wyoming
  • North Dakota
  • Wisconsin
  • Pennsylvania
  • West Virginia
  • Kentucky
  • Massachusetts
  • Maine
  • Vermont
  • Tennessee

Therefore, if you don’t stay in the above states you are free to apply for a personal loan from pave.

How Much Can You Borrow?

You are able to get a loan of between $3,000 to $25,000. The rate is between 7.18% to 31.16% depending on the amount of money you have borrowed. While applying for a loan you are charged a fee of between 1% to 6%. In addition, you don’t have to pay a fee.

Does Pave Still Give Personal Loans?

Currently, pave doesn’t offer personal loans. They relinquished their services in 2017. But they didn’t give a reason why they stopped. However, if you still have a loan with pave you still have to pay.

Conclusion

Many customers don’t recommend pave personal loans. If you still want to apply for a loan with pave sorry you cannot be able to get. Even though you pave is not offering loans you can get personal loans from other similar organizations similar to Pave Loans.

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